The Importance of Correlating Assets

٢٩ يونيو ٢٠٢٠

Hello Traders,

In today's lecture I'm explaining the importance of monitoring correlating assets to help give us early clues about the major asset we're looking to trade.
When trading EURUSD, I like to look at 6 correlating assets. They are as follows:

GBPUSD
DXY
GOLD
SPX
DAX

I hope you find this video to be informative and educational to allow you to add correlating assets as a strategy approach when trade planning.

Always remember to trade safe - trade well.
~Michael Harding